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The victory was a welcome boost for Scorpions following their disappointing defeat to title-holders Trinidad and Tobago Red Force on Thursday, while ICC Americas slid to their second straight defeat, on the heels of their opening-round loss to Barbados Pride. The right-handed McCarthy held the Scorpions’ innings together after it threatened to stall at 61 for three in the 16th over when they lost captain John Campbell (3), fellow opener Trevon Griffith (15) and Devon Thomas (19) cheaply. He counted 11 fours and four sixes and shared a 105-run fourth-wicket stand with Lambert, whose 28 came from 51 balls and included two fours. McCarthy added a further 49 for the sixth wicket with Aldaine Thomas (15), before he was seventh out via the run-out route. In reply, ICC Americas lost captain Ruvindu Gunasekara to the first ball of the innings, but climbed back into the contest through a 42-run stand between Kumar and Steven Taylor (12). Once the stand was broken, however, the last nine Americas wickets tumbled for 34 runs as Jacobs scythed through the innings. AT QUEEN’S PARK OVAL: Trinidad and Tobago Red Force beat Barbados Pride by nine wickets. Scores: Barbados Pride 161 all out off 49.3 overs (Roston Chase 50; Jon Ross Jagessar 3-24). T&T Red Force 163 for one off 35.5 overs (Kjorn Ottley 80 not out, Kyle Hope 70 not out). WELCOME BOOST ST AUGUSTINE, Trinidad (CMC): Andre McCarthy struck his maiden regional one-day hundred and leg-spinner Damien Jacobs claimed a five-wicket haul as Jamaica Scorpions rebounded from their opening-round loss to crush ICC Americas by 184 runs here yesterday. Playing at the Frank Worrell Memorial Ground at the UWI Sport & Physical Education Centre, Scorpions piled up 260 for eight off their 50 overs, with the 28-year-old McCarthy hammering 118 from 119 deliveries. The only other frontline batsman to make it past 20, however, was former captain Tamar Lambert with 28, while Sheldon Cottrell chipped in with a cameo 29 batting at number seven. Fastman Jeremy Gordon was the best bowler with three for 32, while Muhammad Khan claimed two for 63. In their turn at the crease, the Americas never posed a serious challenge and slumped to 76 all out off 26.4 overs. Nitish Kumar top-scored with 42, but was the only batsman to pass 15, and only one of two to reach double figures, as Jacobs destroyed the innings with five for 22. Fast bowler Nicholas Gordon picked up two for 17.read more

What it Takes to Build a Highly Secure FinTech … Tags:#mobile#NYT#web The Rise and Rise of Mobile Payment Technology Related Posts Why IoT Apps are Eating Device Interfaces Role of Mobile App Analytics In-App Engagement Imagine a Web-based bank that lets you deposit checks by simply photographing them with its mobile app. It lets you make cash withdrawals from ATMs all over the country at no cost, sometimes even reimbursing you for fees you get charged by other companies. As a social Web application, the bank offers you all kinds of recommendations and value-added services based on analyzing your private data.Does that sound crazy? Perhaps no more crazy than an empty box labeled “What are you doing?” sounded three years ago when software developer Alex Payne joined Twitter as its API lead, the position responsible for helping birth the famous ecosystem of outside developers building apps on top of Twitter. Today Payne announced that he’s leaving Twitter to co-found an online banking startup with just such a vision, called BankSimple. BankSimple plans to launch to the public later this year; its website is currently down due to overwhelming interest after Payne’s announcement.Financial Industry DisruptionAfter Twitter co-founder Jack Dorsey shifted his focus to Square, Payne becomes at least the second micro-messaging forefather to shift gears into the financial tech market.BankSimple says it will be “an easy, intuitive, and social bank for people who appreciate simple online services.” The company emphasizes its lack of fees, saying that other banks grew greedy when they moved beyond making money from interest on deposits. The company says it will offer a mobile application to deposit checks by uploading a photo. Such practices are likely to become more common in the future – but they still feel very futuristic. (Readers have pointed out that the United Services Automobile Association’s bank does this already.) Intuit is developing software to prepare simple tax filings by mobile photo upload, for example. Banking and personal finance are sectors expected to see major disruption in coming years, thanks largely to developments on the Internet.Analyst firm Gartner said last month that traditional online banking faces a serious challenge from a new class of service providers focused on more advanced financial operations than mere transactions. “Most bank offerings have limited forecasting and analytical tools and don’t cleanly support multiple bank relationships,” Gartner’s Douglas McKibben wrote. Traditional banks need “a wake-up call,” McKibben wrote, “regarding the need for responsive, personalized customer applications.” “In the longer term, the concept of a proprietary online commercial banking platform will be obsolete,” McKibben wrote in a report with Stessa Cohen, “and banks will only orchestrate and not control access to services and information.” Those conditions appear to be exactly where BankSimple is aimed.Payne says the other BankSimple founders live in New York, but that he will remain in Portland, Oregon, where he is currently relocating to. In addition to co-founding the company, he will be its Chief Product & Technology Officer. “In a nutshell,” he wrote on his personal blog, “I’m going to make sure we build something that’s simple, beautiful, and works really really well.”Payne’s co-founders include Josh Reich, who previously worked on the very-heady Web-user-data futures-market startup Root Markets, led by serial entrepreuer Seth Goldstein. Goldstein once said Reich had a “beautiful mind.” Reich and Payne are joined by Shamir Karkal, an MBA most recently at McKinsey.Photo by Dave Fayram. marshall kirkpatrickread more